The findings form part of a broader study conducted by Iwoca
and also examined how much work small business owners did while away and how holiday habits differ across age.
Seema Desai, Iwoca
's chief operations officer, said: "Spending money on a holiday could make you -- and your business -- richer in the long term.
said it had provided just over half of these, approving 500 loans during the period.
By contrast, iwoca
has increased its lending for small businesses in the north of England by 89% over the past three years.
Christoph Rieche, chief executive and co-founder of iwoca
, said: "We are a challenger to the banks, and our challenge has been successful.
Leading fintechs, such as MarketInvoice, The ID Co., and iwoca
, also contributed to developing the guidelines, with all parties coming together to identify and address the issues that prevent fintechs and financial institutions from becoming successful allies.
2010, Lecture Notes in Computer Science, "6460":"34-37", "2011".
There is an emerging "armchair economy" of e-commerce businesses in the UK, which hosts the biggest online retail market in Europe, (http://www.ibtimes.co.uk/articles/491989/20130718/e-commerce-uk-europe-market-size-economy.htm) according to iwoca
, a finance house for eBay and Amazon Marketplace sellers.
Atom Bank, Iwoca
, Modulr Fin-ance and Currencycloud were awarded the capital yesterday as part of an effort to boost lending and payments services to small and medium-sized enterprises in the UK.
, a UK-based lender that provides services to SMEs, has said that it has raised capital.
They will be joined by iwoca
, which offers working capital financing to small businesses, RBS Social and Community Capital for social enterprise and charity lending, and Together, a property secured lender.
Miller (eds.): IWOCA
2009, LNCS 5874, pp 218-229, 2009.